Cairo – Mubasher: The Egyptian Exchange (EGX) closed Sunday’s trading session in red territory amid selling pressures by foreign investors.
The benchmark EGX30 index dropped 161.79 points, or 1.18%, finishing the session at 13,570.89 points.
The small- and mid-cap EGX70 index dipped 0.05% to 702.44 points, whereas the broader EGX100 index slipped 0.23% to 1,756.2 points.
The equal-weighted EGX50 index shed 0.55% to 2,188.42 points.
Trading volume amounted to around 217.6 million shares exchanged at a turnover of EGP 612.1 million through 22,300 transactions.
Egyptian and Arab investors were net buyers with EGP 43.8 million and EGP 196,600, respectively, while foreign investors were net sellers with EGP 44 million.
The heavyweight Commercial International Bank (CIB) dropped 2.26% to EGP 80.11, with a turnover of EGP 25.5 million.
Market capitalisation lost EGP 4.8 billion and closed at EGP 771.989 billion.